# Weaving Hope project seeks funding for a €5 million budget

> Italy contributed about €1.7 million and the ILO about €700,000; partners are being sought to address the remaining funding gap.

- Canonical URL: https://newsverum.com/en/news/syria-weaving-hope-textile-project-funding-2026
- Publisher: Newsverum
- Section: Business
- Country: Syria
- Published: 2026-10-20T15:49:37+00:00
- Updated: 2026-10-20T15:49:37+00:00
- Event / data period: 2026-10-20
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Syria’s Economy Ministry, the Italian Embassy in Damascus, the International Labour Organization and UNIDO discussed support for the country’s textile and spinning sector through the Weaving Hope project. The meeting covered sector needs and project financing.

The report puts the project’s total budget at €5 million, with Italy contributing about €1.7 million and the ILO about €700,000. The meeting focused on mobilizing support for the funding gap; the report does not calculate the remaining amount or describe the contributions as total spending already disbursed.

## Data

### Weaving Hope funding

Reported project budget and identified contributions.

Methodology: The source states a €5 million budget and approximate contributions of €1.7 million from Italy and €0.7 million from the ILO. No remaining gap is calculated, and contributions are not equated with total expenditure already disbursed.

| Indicator | Million EUR | Qualifier |
|---|---|---|
| Project budget | 5.0 | Budget as reported |
| Italian government contribution | 1.7 | Approximately, as reported; not a calculated funding gap |
| ILO contribution from its own resources | 0.7 | Approximately, as reported; not a calculated funding gap |

Sources: <https://sana.sy/en/economic/2352404/> · Download data: [JSON](https://newsverum.com/api/v1/articles/syria-weaving-hope-textile-project-funding-2026/data/weaving-hope-budget-and-contributions?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/syria-weaving-hope-textile-project-funding-2026/data/weaving-hope-budget-and-contributions?lang=en&format=csv)

## Sources

- [Syrian Arab News Agency (SANA)](<https://sana.sy/en/economic/2352404/>) (Source checked: 2026-10-20; Published: 2026-10-20)

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